North Korea has recently resumed state-sanctioned smuggling along the Hyesan border, allowing trading companies to capitalize on cross-border commerce. After a suspension that lasted longer than expected due to North Korean leader Kim Jong Un’s visit to Samjiyon last month, trading companies in Hyesan are now eagerly preparing for the resumption of state smuggling. The Trade Administration Office of Ryanggang Province received an order to resume smuggling, prompting companies to obtain items for export quickly.
With the prices of export items expected to rise, companies are scrambling to secure goods like pine nuts, even taking out loans to purchase them at higher prices. The general public in Hyesan is also optimistic about the resumption of state-led smuggling, as it promises more opportunities to make money. The halt of state smuggling significantly impacts local livelihoods, making it crucial for the operation to continue smoothly.
Overall, the revival of state smuggling in Hyesan has sparked excitement among traders and residents, creating a sense of economic opportunity and hope for the future.
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